CASSIAN GERMIS
ActiveCASSIAN GERMIS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €44k. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 3102 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+3
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 5.66 against 6.4 in 2024; short-term debt: 15.1% and cash: 2.7% of total assets), and 23.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.5%
Return on assets
15.6%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
1 d early
2021
on the day
2020
on the day
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€217k▲ 2.2%
2024 · €212k
2019: €60k
2020: €87k
2021: €87k
2022: €115k
2023: €174k
2024: €212k
2019 → 2025
Total assets
€284k▼ 4.7%
2024 · €298k
2019: €173k
2020: €196k
2021: €123k
2022: €122k
2023: €259k
2024: €298k
2019 → 2025
Net result
€44k▲ 14.9%
2024 · €38k
2019: €32k
2020: €27k
2021: €28k
2022: €27k
2023: €59k
2024: €38k
2019 → 2025
Working capital
€199k▼ 1.3%
2024 · €202k
2019: €58k
2020: €87k
2021: €80k
2022: €112k
2023: €152k
2024: €202k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€115k▲ 31.1%€174k▲ 51.4%€212k▲ 22.2%€217k▲ 2.2%
Operating result€37k-€36k▼ 1.5%€71k▲ 95.1%€49k▼ 31.1%€47k▼ 3.6%
Net result€28k-€27k▼ 4.1%€59k▲ 117%€38k▼ 34.8%€44k▲ 14.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284k
Fixed assets
€41k▼ 28.9%
Current assets
€242k▲ 1.2%
Equity and liabilities €284k
Equity
€217k▲ 2.2%
Debt
€67k▼ 21.9%
The debt ratio falls from 28.7% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€64k▼
2024 · €66k
Cash flow
€61k▲
2024 · €55k
Solvency
76.5%▲
2024 · 71.3%
Current ratio
5.66▼
2024 · 6.40
Quick ratio
5.66▼
2024 · 6.40
Debt / equity
0.31▼
2024 · 0.40
ROE
20.4%▲
2024 · 18.1%
ROA
15.6%▲
2024 · 12.9%
Interest coverage
27.04▲
2024 · 11.71
Debt
€67k▼
2024 · €85k
Debt ≤ 1 year
€43k▲
2024 · €37k
Debt > 1 year
€24k▼
2024 · €39k
Income taxes
€13k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€298k€284k▼
Fixed assets21/28€58k€41k▼
Tangible fixed assets22/27€58k€41k▼
Furniture and vehicles24€58k€41k▼
Current assets29/58€239k€242k▲
Amounts receivable after more than one year29€15k€15k=
Other amounts receivable291€15k€15k=
Amounts receivable within one year40/41€215k€218k▲
Trade receivables40€28k€31k▲
Other amounts receivable41€187k€187k▼
Cash at bank and in hand54/58€8k€8k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€298k€284k▼
Equity10/15€212k€217k▲
Contributions10/11€19k€19k=
Reserves13€194k€198k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€192k€196k▲
Amounts payable17/49€85k€67k▼
Amounts payable after more than one year17€39k€24k▼
Financial debts170/4€39k€24k▼
Amounts payable within one year42/48€37k€43k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€987€4k▲
Suppliers440/4€987€4k▲
Taxes, remuneration and social security45€22k€14k▼
Taxes450/3€22k€11k▼
Remuneration and social security454/9-€3k
Accrued charges and deferred income492/3€9k€200▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€67k€65k▼
Operating profit (loss)9901€49k€47k▼
Financial income75/76B€7k€12k▲
Recurring financial income75€7k€12k▲
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€50k€57k▲
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€38k€44k▲
Profit (loss) for the period to be appropriated9905€38k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€44k▲
Transfer from equity791/2-€40k
Transfer to equity691/2€38k€44k▲
To other reserves6921€38k€44k▲
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €200kEq €212k ▲22.2%
6 profitable years in a row build equity to €212k.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €59k ▲117%
Operating result €71k, net result €59k, both a record.
30-06
Financial
Equity above €150kEq €174k ▲51.4%
5 profitable years in a row build equity to €174k.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €27k ▼4.1%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 5current ratio 15.49
Current ratio from 3.25 to 15.49; short-term debt falls from €35k to €8k.
30-06
Financial
Equity above €100kEq €115k ▲31.1%
4 profitable years in a row build equity to €115k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bassenge · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Croupet 106A4690 BassengeGround area
1,212 m²
Building footprint
15 m²
Parcel 62017C0282/00L002, Wallonia. Linked by address, not a title deed.
1 establishment unit
CASSIAN GERMIS
since 20142.235.918.987
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62017C0282/00L002 | Wallonia | 1,212 m² | 1 · 15 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CLERAN HORSES
BE 0564.831.691
Schilde · Eq €219k
JAM HORSE SPORT
BE 0518.886.850
Lanaken · Eq €221k
STAL HET GROENHOF
BE 0831.828.052
Puurs-Sint-Amands · Eq €213k
De kempenhoeve
BE 0846.737.051
Balen · Eq €221k
EC HORSES
BE 0683.584.833
Peer · Eq €212k
Of 1,958 companies in sector 01430 we hold annual accounts for 743. 520 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-10-2014
Fiscal year end30-06
Activities, NACEBEL
01430Raising of horses and other equines
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.